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3-bed · 3,191 sqftLila Villas, Arabian Ranches 2 · completed 2017

V156, Lila Villas

Sold prices and rental history: sold 3 times, last in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V156 · DLD and Ejari recordsUpdated 7 September 2021
Last soldAED 2.95M7 September 2021
Current rentAED 115K /yr5 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V156, Lila Villas

What is V156 worth today?

Last sold for AED 2,950,000 in 2021

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7 Sep 2021SoldReady
AED 2,950,000AED 924 per sqft
5 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 36 per sqft
5 Jul 2019RentedNew contract
AED 155,000/yr12 months · AED 49 per sqft
16 Nov 2017SoldReady
AED 3,200,000AED 1,002 per sqft
2 Apr 2014Sold by developerOff-plan
AED 3,438,888AED 1,077 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2021.

Key facts

Type
3-bed villa
Size
3,191 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 2.95M · September 2021
Community
Lila Villas

About V156, Lila Villas

V156 is a three-bedroom villa of 3,191 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 7 September 2021 for AED 2,950,000, or AED 924 per sqft, in line with the AED 911 three-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 5 July 2020, is AED 115,000 a year: a gross yield of 3.9% on the 2021 price, before the service charge of about AED 7,800 a year.

Sales and rents for V156 over time

Sales
Villa V156, each saleTypical three-bed in Lila Villas
2M4M6M20142017202020232026Typical sale price by year: 2014 AED 3,460,888; 2015 AED 3,438,888; 2017 AED 3,075,000; 2019 AED 2,500,000; 2020 AED 2,300,000; 2021 AED 2,990,000; 2022 AED 3,350,000; 2023 AED 3,900,000; 2024 AED 4,762,500; 2025 AED 5,750,000Sold by developer, April 2014: AED 3,438,888 (AED 1,077 per sqft)Sold, November 2017: AED 3,200,000 (AED 1,002 per sqft)Sold, September 2021: AED 2,950,000 (AED 924 per sqft)

V156 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V156, each contractTypical three-bed in Lila Villas
100K200K2017202020232026Typical rent by year: 2017 AED 157,500; 2018 AED 155,000; 2019 AED 154,556; 2020 AED 140,000; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 195,274; 2024 AED 250,000; 2025 AED 245,000; 2026 AED 260,000New contract, July 2019: AED 155,000 a yearRenewal, July 2020: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Lila Villas, and where V156 sits

All 53 3-beds →

V156 last sold in September 2021 at AED 924 per sqft, in line with what three-beds in Lila Villas were fetching at the time (AED 911). Over the last 12 months three-beds sold for AED 5,670,000 to 5,800,000, around AED 1,797 per sqft, and rent for AED 221,650 to 285,000 a year. V156's AED 115,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Dec 20255,800,000
24 Nov 20255,670,000
23 Oct 20255,830,000
9 May 20255,600,000
2 3-bed sales in the last 12 months

Lila Villas

Community

219 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2017 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,851
Typical sale
AED 6.63M
Typical rent
AED 315K /yr
Typical yield
4.9%
Lila Villas, Arabian Ranches 2: prices, sales and rents →

V156, Lila Villas in numbers

  • Sold 3 times: first on 2 April 2014 for AED 3,438,888, last on 7 September 2021 for AED 2,950,000 (AED 924 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 155,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 3.9%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).
  • Three-beds in Lila Villas sold for AED 5,670,000–5,800,000 in the 12 months to November 2026; the community's median across all types is AED 1,851 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2021.

Questions about V156, Lila Villas

What did villa V156 last sell for?

AED 2,950,000 on 7 September 2021: AED 924 per sqft for 3,191 sqft. The villa has 3 registered sales; the first was AED 3,438,888 in April 2014.

What is the rent for villa V156?

AED 115,000 a year on the contract renewed on 5 July 2020. The previous contract, from July 2019, was AED 155,000.

How big is villa V156?

3,191 sqft (296.5 sqm): a three-bedroom villa in Lila Villas, completed in 2017.

What is villa V156 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Lila Villas sold for AED 5,670,000 to 5,800,000 in the last 12 months, around AED 1,797 per sqft.

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Mortgage on V156, Lila Villas

Starts from the last sale price (AED 2.95M, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →